# UF Short Term Loans

**Source**: https://www.sfa.ufl.edu/types-of-aid/loans/uf-short-term-loans/
**Parent**: https://www.sfa.ufl.edu/types-of-aid/scholarships/

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Short-Term Loans (STL) are available to students enrolled at least half-time to help meet temporary, **emergency** financial needs related to educational expenses. Registered students with valid repayment sources may borrow up to $1,000 if tuition is paid or deferred, or the amount of their in-state tuition.

Major Short-Term Loan funds include:

- Claude S. Ginn Memorial Educational Fund
- Edward J. Triay Jr. Memorial Fund
- B. A. Tolbert Memorial Fund
- Exxon Loans
- Sarafem Dervech
- T. W. Johnson Loan Funds

Interest is computed monthly at the rate of 1% on the unpaid balance from the date the loan is disbursed. A minimum of one month’s interest will be charged if the loan is paid in full within 30 days. **Short-Term Loans must be repaid either when the repayment source is received, OR by the established repayment deadline for the semester in which the loan was received, whichever comes first.**

Payment may be made at University Bursar in S-113 Criser Hall at any time before the due date.\
See “**[Disbursement](https://www.sfa.ufl.edu/process/receiving-your-aid/disbursements/)**.”

## To be eligible, you must:

1. be enrolled at least half-time as an undergraduate or graduate student;
2. have a valid repayment source; and
3. have no “flags” or credit holds.

## To apply:

1. Contact the [**UF OneStop**.](https://www.onestop.ufl.edu/)
2. The short term loan form is located [**on the SFA forms page**](https://www.sfa.ufl.edu/forms/) when available.
3. Approved STL awards are normally disbursed within 48–72 hours after submitting the application.